Despite Slowing Economy, Job Growth Speeds Up – Ep. 51

* Monthly non-farm employment number beat expectations
* Upward revisions to prior months
* Average hourly earnings number jumped by .5
* Immediate reaction in the market was swift
* Dollar up; gold down
* Unemployment up
* Labor force participation down among younger workers
* Jobs number inconsistent with other weak economic data
* Layoffs are up
* Government is way off on "jobs lost" data
* Yesterday's trade deficit was the largest increase recorded
* If our economy were strong, our workers would be producing and we would not rely on imports
* Trade deficit is subtracted from the GDP
* Productivity numbers weaker than expected
* How many times can the dollar rally on the same news?


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